Page 615 - Bedford-FY23-24 Budget

3397
ORDINANCE NO. 2023-

AN ORDINANCE AUTHORIZING AMENDMENTS TO THE ADOPTED ANNUAL BUDGET OF THE CITY
OF BEDFORD, TEXAS FOR THE FISCAL PERIOD OF OCTOBER 1, 2023 THROUGH SEPTEMBER 30,
AND/
2024; PROVIDING FOR INTRA-FUND OR DEPARTMENTAL TRANSFERS; PROVIDING
INTRA-
FOR INVESTMENT OF IDLE FUNDS; AND DECLARING AN EFFECTIVE DATE.
WHEREAS, the City Council adopted Ordinance No. 2023-3379 setting forth the Budget for Fiscal
2024, beginning October 1, 2023 and ending September 30, 2024; and,
WHEREAS, the City Council finds and determines that revenues and/ reserves are available for
or
or
supplemental appropriation, and/ that the transfer of certain funds interdepartmentally is
economically feasible and in the best interest of prudent budgeting and for municipal purposes;
and,

WHEREAS, the City Council desires to amend said Fiscal Year 2023-2024 Annual Operating Budget
to reflect such supplemental appropriation and/or transfer as described in the documents attached
hereto.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BEDFORD, TEXAS:

SECTION 1. That the findings above are found to be true and correct, and are incorporated
herein.

SECTION 2. That the Annual Budget for the City of Bedford, Texas, for the fiscal period of
October 1, 2023 through September 30, 2024 in words and figures contained therein,
is hereby amended for municipal purposes as shown on " Budget Amendment # 1,"
attached hereto.

SECTION 3. That Budget Amendment # 1 shall be attached to the Fiscal Year 2023-2024 Annual
Operating Budget and maintained in the records of the City.

PRESENTED AND PASSED this 12th day of December 2023, by a vote of 6 ayes, 0 nays and 0
abstentions, at a regular meeting of the City Council of the City of Bedford, Texas.

Daniel S. Cogan, Mayor

ATTEST: -

0-
bc-
Michael ( ells, ity Secretary

APPROVED AS TO FORM:

eredith, City A